Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/340122 
Title (translated): 
Foreign direct investment and economic growth in Colombia and Mexico: A comparative analysis through time series with generalized least squares (1994-2017)
Year of Publication: 
2025
Citation: 
[Journal:] Revista de Métodos Cuantitativos para la Economía y la Empresa [ISSN:] 1886-516X [Volume:] 40 [Year:] 2025 [Pages:] 1-27
Publisher: 
Universidad Pablo de Olavide, Sevilla
Abstract (Translated): 
A considerable increase in the flows of Foreign Direct Investment (FDI) in Latin America has been observed in recent years, especially in Colombia and Mexico. Using the time series methodology with generalized least squares, this work aims to analyze the impact of FDI and its spillover effects on the economic growth of the two countries. In this way, it is found that in the case of Mexico the direct effects that FDI leaves on its economy are positive; however, in the case of Colombia these effects are negative. Finally, the obtained results show that the spillover effects on economic growth, measured as an indirect effect, produce a positive impact on both countries.
Subjects: 
Foreign investment
economic growth
time
series model
Latin America
Mexico
Colombia
JEL: 
C22
F21
O30
O40
O47
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-sa Logo
Document Type: 
Article

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